GRANITE CONSTRUCTION INC (GVA) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:GVA - US3873281071 - Common Stock
121.66 USD
-2.09 (-1.69%)
We assign a fundamental rating of 6 out of 10 to GVA. GVA was compared to 54 industry peers in the Construction & Engineering industry. GVA has only an average score on both its financial health and profitability. GVA is not overvalued while it is showing excellent growth. This is an interesting combination. These ratings could make GVA a good candidate for growth investing.
1. Profitability
1.1 Basic Checks
- GVA had positive earnings in the past year.
- In the past year GVA had a positive cash flow from operations.
- Of the past 5 years GVA 4 years were profitable.
- In the past 5 years GVA always reported a positive cash flow from operatings.
1.2 Ratios
- With a Return On Assets value of 4.40%, GVA perfoms like the industry average, outperforming 55.56% of the companies in the same industry.
- Looking at the Return On Equity, with a value of 15.79%, GVA is in the better half of the industry, outperforming 61.11% of the companies in the same industry.
- GVA's Return On Invested Capital of 6.20% is in line compared to the rest of the industry. GVA outperforms 50.00% of its industry peers.
- The Average Return On Invested Capital over the past 3 years for GVA is significantly below the industry average of 15.99%.
- The 3 year average ROIC (3.67%) for GVA is below the current ROIC(6.20%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.4% | ||
| ROE | 15.79% | ||
| ROIC | 6.2% |
ROA(3y)3.19%
ROA(5y)0.78%
ROE(3y)8.55%
ROE(5y)2.36%
ROIC(3y)3.67%
ROIC(5y)N/A
1.3 Margins
- GVA has a Profit Margin (4.31%) which is in line with its industry peers.
- GVA's Profit Margin has improved in the last couple of years.
- GVA has a Operating Margin (6.08%) which is in line with its industry peers.
- Looking at the Gross Margin, with a value of 16.39%, GVA is in line with its industry, outperforming 48.15% of the companies in the same industry.
- GVA's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 6.08% | ||
| PM (TTM) | 4.31% | ||
| GM | 16.39% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y121.93%
PM growth 5YN/A
GM growth 3Y11.34%
GM growth 5Y17.02%
2. Health
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so GVA is destroying value.
- The number of shares outstanding for GVA has been reduced compared to 1 year ago.
- GVA has less shares outstanding than it did 5 years ago.
- The debt/assets ratio for GVA is higher compared to a year ago.
2.2 Solvency
- An Altman-Z score of 2.66 indicates that GVA is not a great score, but indicates only limited risk for bankruptcy at the moment.
- The Altman-Z score of GVA (2.66) is comparable to the rest of the industry.
- GVA has a debt to FCF ratio of 3.86. This is a good value and a sign of high solvency as GVA would need 3.86 years to pay back of all of its debts.
- With a decent Debt to FCF ratio value of 3.86, GVA is doing good in the industry, outperforming 68.52% of the companies in the same industry.
- GVA has a Debt/Equity ratio of 0.84. This is a neutral value indicating GVA is somewhat dependend on debt financing.
- Looking at the Debt to Equity ratio, with a value of 0.84, GVA is in line with its industry, outperforming 42.59% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.84 | ||
| Debt/FCF | 3.86 | ||
| Altman-Z | 2.66 |
ROIC/WACC0.63
WACC9.78%
2.3 Liquidity
- A Current Ratio of 1.21 indicates that GVA should not have too much problems paying its short term obligations.
- GVA's Current ratio of 1.21 is in line compared to the rest of the industry. GVA outperforms 46.30% of its industry peers.
- A Quick Ratio of 1.12 indicates that GVA should not have too much problems paying its short term obligations.
- With a Quick ratio value of 1.12, GVA is not doing good in the industry: 62.96% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.21 | ||
| Quick Ratio | 1.12 |
3. Growth
3.1 Past
- The Earnings Per Share has grown by an impressive 61.71% over the past year.
- Measured over the past years, GVA shows a very strong growth in Earnings Per Share. The EPS has been growing by 32.75% on average per year.
- GVA shows a small growth in Revenue. In the last year, the Revenue has grown by 6.87%.
- GVA shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 6.57% yearly.
EPS 1Y (TTM)61.71%
EPS 3Y125.25%
EPS 5Y32.75%
EPS Q2Q%31.71%
Revenue 1Y (TTM)6.87%
Revenue growth 3Y4.6%
Revenue growth 5Y6.57%
Sales Q2Q%12.39%
3.2 Future
- Based on estimates for the next years, GVA will show a very strong growth in Earnings Per Share. The EPS will grow by 22.48% on average per year.
- The Revenue is expected to grow by 9.62% on average over the next years. This is quite good.
EPS Next Y38.93%
EPS Next 2Y24.52%
EPS Next 3Y22.48%
EPS Next 5YN/A
Revenue Next Year10.92%
Revenue Next 2Y10.76%
Revenue Next 3Y9.62%
Revenue Next 5YN/A
3.3 Evolution
- The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
- The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- With a Price/Earnings ratio of 20.73, GVA is valued on the expensive side.
- Based on the Price/Earnings ratio, GVA is valued cheaper than 83.33% of the companies in the same industry.
- GVA's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 27.30.
- GVA is valuated rather expensively with a Price/Forward Earnings ratio of 19.42.
- 87.04% of the companies in the same industry are more expensive than GVA, based on the Price/Forward Earnings ratio.
- GVA is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 24.04, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.73 | ||
| Fwd PE | 19.42 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, GVA is valued a bit cheaper than the industry average as 77.78% of the companies are valued more expensively.
- Based on the Price/Free Cash Flow ratio, GVA is valued cheaper than 85.19% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 15.33 | ||
| EV/EBITDA | 14.26 |
4.3 Compensation for Growth
- GVA's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
- GVA's earnings are expected to grow with 22.48% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.53
PEG (5Y)0.63
EPS Next 2Y24.52%
EPS Next 3Y22.48%
5. Dividend
5.1 Amount
- With a yearly dividend of 0.44%, GVA is not a good candidate for dividend investing.
- Compared to an average industry Dividend Yield of 0.40, GVA pays a better dividend. On top of this GVA pays more dividend than 87.04% of the companies listed in the same industry.
- With a Dividend Yield of 0.44, GVA pays less dividend than the S&P500 average, which is at 1.92.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.44% |
5.2 History
- The dividend of GVA decreases each year by -0.19%.
- GVA has paid a dividend for at least 10 years, which is a reliable track record.
- GVA has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)-0.19%
Div Incr Years0
Div Non Decr Years33
5.3 Sustainability
- GVA pays out 12.45% of its income as dividend. This is a sustainable payout ratio.
DP12.45%
EPS Next 2Y24.52%
EPS Next 3Y22.48%
NYSE:GVA (1/14/2026, 11:55:15 AM)
121.66
-2.09 (-1.69%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryConstruction & Engineering
Earnings (Last)11-06 2025-11-06/bmo
Earnings (Next)02-11 2026-02-11/bmo
Inst Owners119.32%
Inst Owner Change0.38%
Ins Owners1.09%
Ins Owner Change-0.65%
Market Cap5.31B
Revenue(TTM)4.24B
Net Income(TTM)182.46M
Analysts80
Price Target132.8 (9.16%)
Short Float %12.14%
Short Ratio7.97
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.44% |
Yearly Dividend0.52
Dividend Growth(5Y)-0.19%
DP12.45%
Div Incr Years0
Div Non Decr Years33
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)9.76%
Min EPS beat(2)6.79%
Max EPS beat(2)12.74%
EPS beat(4)3
Avg EPS beat(4)29.36%
Min EPS beat(4)-4.36%
Max EPS beat(4)102.29%
EPS beat(8)4
Avg EPS beat(8)12.62%
EPS beat(12)7
Avg EPS beat(12)-128.57%
EPS beat(16)8
Avg EPS beat(16)-113.13%
Revenue beat(2)0
Avg Revenue beat(2)-3.91%
Min Revenue beat(2)-4.31%
Max Revenue beat(2)-3.52%
Revenue beat(4)1
Avg Revenue beat(4)-1.97%
Min Revenue beat(4)-4.31%
Max Revenue beat(4)1.87%
Revenue beat(8)3
Avg Revenue beat(8)0.82%
Revenue beat(12)5
Avg Revenue beat(12)-0.26%
Revenue beat(16)8
Avg Revenue beat(16)0.21%
PT rev (1m)0%
PT rev (3m)0.67%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-10.16%
EPS NY rev (1m)0%
EPS NY rev (3m)-0.45%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.87%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.31%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.73 | ||
| Fwd PE | 19.42 | ||
| P/S | 1.25 | ||
| P/FCF | 15.33 | ||
| P/OCF | 11.48 | ||
| P/B | 4.59 | ||
| P/tB | 9.11 | ||
| EV/EBITDA | 14.26 |
EPS(TTM)5.87
EY4.82%
EPS(NY)6.26
Fwd EY5.15%
FCF(TTM)7.94
FCFY6.52%
OCF(TTM)10.59
OCFY8.71%
SpS97.05
BVpS26.48
TBVpS13.36
PEG (NY)0.53
PEG (5Y)0.63
Graham Number59.14
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.4% | ||
| ROE | 15.79% | ||
| ROCE | 10.25% | ||
| ROIC | 6.2% | ||
| ROICexc | 8.61% | ||
| ROICexgc | 12.6% | ||
| OM | 6.08% | ||
| PM (TTM) | 4.31% | ||
| GM | 16.39% | ||
| FCFM | 8.18% |
ROA(3y)3.19%
ROA(5y)0.78%
ROE(3y)8.55%
ROE(5y)2.36%
ROIC(3y)3.67%
ROIC(5y)N/A
ROICexc(3y)5.78%
ROICexc(5y)N/A
ROICexgc(3y)7.39%
ROICexgc(5y)N/A
ROCE(3y)6.06%
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y121.93%
PM growth 5YN/A
GM growth 3Y11.34%
GM growth 5Y17.02%
F-Score7
Asset Turnover1.02
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.84 | ||
| Debt/FCF | 3.86 | ||
| Debt/EBITDA | 2.39 | ||
| Cap/Depr | 78.54% | ||
| Cap/Sales | 2.74% | ||
| Interest Coverage | 9.61 | ||
| Cash Conversion | 114.13% | ||
| Profit Quality | 189.88% | ||
| Current Ratio | 1.21 | ||
| Quick Ratio | 1.12 | ||
| Altman-Z | 2.66 |
F-Score7
WACC9.78%
ROIC/WACC0.63
Cap/Depr(3y)135.78%
Cap/Depr(5y)115.36%
Cap/Sales(3y)3.7%
Cap/Sales(5y)3.28%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)61.71%
EPS 3Y125.25%
EPS 5Y32.75%
EPS Q2Q%31.71%
EPS Next Y38.93%
EPS Next 2Y24.52%
EPS Next 3Y22.48%
EPS Next 5YN/A
Revenue 1Y (TTM)6.87%
Revenue growth 3Y4.6%
Revenue growth 5Y6.57%
Sales Q2Q%12.39%
Revenue Next Year10.92%
Revenue Next 2Y10.76%
Revenue Next 3Y9.62%
Revenue Next 5YN/A
EBIT growth 1Y80.62%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year113.54%
EBIT Next 3Y40.17%
EBIT Next 5YN/A
FCF growth 1Y1319.85%
FCF growth 3YN/A
FCF growth 5Y133.59%
OCF growth 1Y342.92%
OCF growth 3Y175.18%
OCF growth 5Y32.58%
GRANITE CONSTRUCTION INC / GVA FAQ
What is the fundamental rating for GVA stock?
ChartMill assigns a fundamental rating of 6 / 10 to GVA.
Can you provide the valuation status for GRANITE CONSTRUCTION INC?
ChartMill assigns a valuation rating of 6 / 10 to GRANITE CONSTRUCTION INC (GVA). This can be considered as Fairly Valued.
Can you provide the profitability details for GRANITE CONSTRUCTION INC?
GRANITE CONSTRUCTION INC (GVA) has a profitability rating of 5 / 10.
Can you provide the PE and PB ratios for GVA stock?
The Price/Earnings (PE) ratio for GRANITE CONSTRUCTION INC (GVA) is 20.73 and the Price/Book (PB) ratio is 4.59.
Is the dividend of GRANITE CONSTRUCTION INC sustainable?
The dividend rating of GRANITE CONSTRUCTION INC (GVA) is 5 / 10 and the dividend payout ratio is 12.45%.